The Association of Investment Trust Companies is to represent Venture Capital Trusts.
Some 70 VCTs have responded to the AITC’s call for membership applications – or about 78% of the VCT sector by assets. Of key interest for investors and advisers will be the decision to include VCT data in the AITC’s monthly statistics tables, as well as its website, where further fund information can be obtained. A spokesperson for the AITC says the move to also provide technical advice and information as well as lobby on behalf of the VCT sector does not mean it was taking over the role of the British Venture Capital Association. “The BVCA will still be in the sort of role that repr...
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